Taylor Wimpey anticipates full-year completions will be at the lower end of it guidance range after facing a “challenging market” in H1.

Taylor Wimpey on track for profit target despite Budget uncertainty

Taylor Wimpey says that it has delivered a “resilient performance” despite challenging market conditions and the uncertainty caused by the upcoming budget.

For the period from 30 June to 9 November 2025, the housebuilder reported a net private sales rate per outlet per week of 0.63, down from 0.71 in the same period in 2024. Excluding bulk deals, the private sales rate stood at 0.61, down from 0.68 year-on-year. For the year to date, Taylor Wimpey has achieved a sales rate of 0.72, a slight fall from 0.73 in 2024, with a cancellation rate of 16% (15% in 2024).

The housebuilder also saw a slight decrease in its order book, excluding joint ventures, which stood at 7,253 homes as of 2025 with a value of c.£2,116million, compared to 7,771 with a value of c£2,214million in 2024.

The developer said that its underlying pricing remains broadly flat, and it continues to expect low single digit build cost inflation in 2025.

Taylor Wimpey saw a significant increase in the number of outlets opened in the year to date, with 51 this year compared to 34 last year. It also saw a slight rise in its number of outlets operated from in the second half of the year to date, averaging 2010 in the period, up from 208 in 2024.

Looking forward, the housebuilder said that it remains on track to achieve its targets for full-year completions and Group operating profit, and is on course to see out the year operating from 210-215 outlets as previously guided.

Jennie Daly, chief executive of Taylor Wimpey, commented: “We have delivered a resilient performance thanks to the hard work of our teams on the ground. Market conditions remain challenging, impacted by uncertainty ahead of the upcoming UK Budget and continued affordability pressures.”

“We welcome the government’s planning reforms, and we hope to see continued momentum to enable the supply of much-needed new homes across the UK as focus moves to the implementation phase. However, the government’s housing ambitions, and the significant economic and social benefits of increased housing supply can only be unlocked by effective demand, particularly for affordability-constrained first-time buyers.”

“Taylor Wimpey is a strong and agile business, and we remain well-positioned to capitalise on the improving planning environment, generating value from our high-quality, well-located landbank, while advancing new opportunities in our pipeline. Looking ahead, UK housing market fundamentals are highly compelling. As set out at our recent Investor and Analyst event, we remain confident in our ability to deliver profitable growth and maximise shareholder returns over the medium term.”